Moving to live trading

[ele020]

Use money you can afford to lose...then sign up with a good & trusted Broker and jump straight in to begin your first day in the forex world.

Then be sure to come back here and post about your experiences and how much money you have made

Good luck and stay safe!

are you suggesting going live on the very first day?

 

[bigdolly]

I think we have to move from demo to live when we are ready but it's hard to feel this moment because demo and live are different and this difference creates false impression that you are ready.

 

[RahmanSL]

are you suggesting going live on the very first day?

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You didn't read the post at the start of this thread??

To refresh your memory:
Bordux: "Hello traders. I have been learning and practising for a relatively long time and I feel confident about my trading so far. I have learned what I need to trade correctly and I am planning to start trading live..."

 

[ele020]

​

You didn't read the post at the start of this thread??

To refresh your memory:
Bordux: "Hello traders. I have been learning and practising for a relatively long time and I feel confident about my trading so far. I have learned what I need to trade correctly and I am planning to start trading live..."

The comment alone without a quote looked like first day live trading without any practice or experience on demo... That's why I was shocked... Anyways it makes sense now.

 

[Alex Stone]

in case you are totally sure and confident in your trading abilities.

 

[fxoday]

Someday when a beginner felt curious about how to start trading in a real account, hence will try small-budget trading, it is a really different emotion since works in a real trading account compared to a demo account, excited if make a profit, and being more confident, but a shock when face with loss.

 

[Donovan.CC]

Should a beginner move to live trading without using a demo account if a trader is confident and has the capital to invest and return from losses?

 

[ele020]

Should a beginner move to live trading without using a demo account if a trader is confident and has the capital to invest and return from losses?

but why would anyone want to do that? Confidence alone wont make up for good trades, practice and knowledge are key things to place good trades. If the trader willingly wants to loose then its completely a matter of choice.

 

[bigdolly]

I think we have to move from demo to live when we are ready but it's hard to feel this moment because demo and live are different and this difference creates false impression that you are ready.

 

[nahiyar]

Demo and live trading are not same nor we get same performance in live trading as we were doing good in demo due to m any reasons. I feel live trading is more stressful than demo .A trader should remain prepare to bear stress and real loss . When you realize all realties of forex market and re able to handle trading details you can go to live trading.